THE 'CHINA MAIL, FRIDAY, SEPTEMBER 10, 1948.
ROYAL INTEROCEAN LINES
Incorporated in the Netherlands ma
KONINKLIJKE JAVA,CHINA PAKETVAART LIJKEN H. V. AMSTERDAMA
JAVA-CHINA-JAPAN SERVICE
"TJIBADAK”
Arrivain from Amoy
13th Sept.
#JITJALENGKA”
#TJISADANE"
*Bailings
to Javnports &
Macassar
15th Sept.
from Macassar & to Javaports &
Juvaports 15 Sept, Macassar 20 Sept.
from Macassar
A Javoport:
20th Sept.
to Java poris
& Maenssite
11th Oct..
ASIA-AFRICA-SOUTH AMERICA SERVICE
Arrivals
'STRAAT MALAKKA" In purt
*BOISSEVAIN",
"ТНКАМРЕК"
"TEGELBERG"
trim
South Amerlen
& South Africa 23rd September
11000
South Africas 18th November, from
South America
& South Alien 10th Nov
Sallings
to Shanghai
70th Sept.
to South Africa & South America via
Manila & Straits
6th Orl
to Shanghai &
Japan round trip) 25th Sept.
to South Africa
& South America
via Manila, Straits
10th November.
to South Afrien
& South America 6th Dec.
10 South Afrien
& South America 4th January.
Tranabipment cargo on through Bs/L to Dar-Es-Salsam,
Mombasa, Zanzibar 'accepted un all sailings. SUMATRA-MALAYA-CHINA SERVICE
Arrivals
Salling
"REINRICH JESSEN"
from B. Dell
to Swotow
& Strait.
& Amoy
With Bept
12th Sept.
Crown & Deh
"VAN BEUPSZ"
A Strants 30th Sep
1 Straits &
B Dell
19th Sept.
16 Swalow
& Anny
The Ori
a Straite
&B. Deli
Tuth Ort.
Agents: HOLLAND-EAST ASIA LINE
"ANNENKERK"
Tanks available for
all in Brok
"LANGLEESCOT"
Tanks available for
oll in Belk
**MARIEKERK"
Arrival
from Jupati
& Shaugbal
10 Sept
from Europe
B014 Sept
Tram Europe
end October.
Skilinga
to Europe
vin Manila
pud Straity
21 September
to Shanghai
ast Japan
Prd Crier
tu Europe vin
Mania & Straits
“Kini""October
to Europe vla
Manila & Strolls
A November.
Transhipment cargo on through Bs/L accepted to
Mediterranean and Northern European porta,
*SILVEROAK"
Agents: SILVER LINE LTD.
Arrivals
from U.S. Atlantie ports End. Det.
Balingu
to Atlantic Porta und U.S. Early Nov.
Dffice Address: King's Building, Phones: 28015, 28016 & 28017 Chinese Agents: 82, Connau ght Rd., Tel. 31196 & 21333
LA
DE LA
RAMA LINES
EXPRESS CARGO LINER SERVICES
· TO AND FROM PACIFIC & ATLANTIC COASTY ----
LOADING DATES IN U.S.A.
Los Angeles
Londy
Pate
Vessel
Atlantic Coast
via
Mid Sept. Early Oct.
ARRIVALS
B... "DONA AURORA“ m.v. "DONA NATI"
Date
From
Atlantic Coast
via
Los Angeles
For
Atlantic Coast
via
Los Angeles
In Port 22nd Sept.
SAILINGS
Date
Vossel
11.7. "TONGHAI" m.v. "MINDORO"
10th Sept.
>
m.v. "TONGHAI"
>.
Early Oct.
m.v. "HEMLAND”
BOOKING AGENTS for P.A.L.
THE DE LA RAMA STEAMSHIP CO., INC.
(Incorporated in the Philippines)
CHINESE SHIPPING OFFICE Teis. 23738-20163
MARINA HOUSE Tels. 28516--22678
ISBRANDTSEN
Tabrandtsen Company Inc.
20 Broadway.
New York
SAN RAST • STRAITS • INDIA PERBIAN QULP • MEDITERRANKAM
U.K.
"FLYING CLOUD"
"SAN
CONTINENT '•
W. INDIES • 6. AMERICA STEAMSHIP DIVISION ·
FROM
New York via Manila dun Sept. 15.
Shanghai. Vladivostok. Sept. 20,
FINANCE AND
COMMERCE
WASHINGTON DIGS OUT EXPORT LICENCE FRAUD ALLEGATIONS
Hong Kong Stock Exchange
The
market
has berume YHTE
and rates are built frreguint and many
1.K. GOVERNMENT LOANR
Low 2016.
a amn (1936) Jun
alat ban
sk & H.
cinay
JE
BANKS
Bruk 2015
D.X, & 8. Hank them. Reg› $104.55. Chartered Bank £11.43 15.
Brrematila
A & M. £21.0 Bank of East A. 1242
INSURANCES
Canton, J. Ant
Unto THE PRE/TI"
4: Unterweitern. A fat. JK. Fire me, 2:04
AXIPPING
Dauginame 2270
HK, & M Meandusts 1.4.
Jorba Cistrina a Prel) (n
Indo Chitian (bel) 25750
Shell Bearers 16,10120
ti. Waterboats 13.
HOCKS, WHARVES, GODOWNS, ETC
HR. & K. Whstres 147 1465
141
1.K. & K. Wharves 3. JANA,
North Pulet Wharos M
1.K. Dorka 2016 ROYAL BAN China Provident a
Khanghai Burksende polen.
MINING
Saul Bette 148.
DK. Mos
LANDH, HOTELS & BILDES
H. & 2, Hotels (18Jr, TVŅA, KOZA H.K. Initi
Khenghai Landa & Nah, I wond
2 hry Estate
K. Rele 180. Chinen. Estäter intern
MA
UTELIVERS
11.X, Tramways X. 215 W
"Park Tone” AFTER
Peak Trains (N. 12
Star Free 16.
4. belts (0) LAND RUN, 12 Be wa
Light 12,5 19 109,
R.K. Electric 3941, 44, 29 Naan. Mwen Klertrice 211, n.
Bandakan, kishte
Telephones "BU.
Shanchal One 61⁄4n,
INDUSTRIALA
Call, Marcu, xong XD, ZON) Usatan Je# 714
Cerarti 12 a
21.K. Rupee 1,703, 141*»*.
STORES A COMPANIES
Eiry Farms N., No. 10. Walazion (0.1
Watsons (N. DR.
Tai, Crawford
Blue-re 8.01.
China Emporium 2ND Run Co, Lid. 01. m. Kwong Seng Hoog 1753 Wing On (28.3.1 1160 Wow Powell, 4.td. 12450,
MISCELLANEOUS
China Entertaimpends 114
1 K.- Constractions- 109.) - Sly ma H.K. Cunatriuztiona (8,5 ta Vibros (0) X., 15. Vibros (N. 100.
Marston, Investments 12/30. Maraman (LK 4. S'hai Jamn
Ewan 11,600.
410.
COTTON
RUDNER, «te, COMPANIES Anglo-dayes Gn
Cheng Rubbera 70n. Consulted Rubbers 2n Kota Bahru A
Padang Rubber 30, Repah Habibers 314n. Same*** Rabivere 1.100, Shanghat 'whang Zn. Tanah Merahe is.
.FORM Tebang Rubbers Zlane Rubbers G.
Washington, September 8.
Harold H. Lovey, a Now York exporter, today said. he paid about US$29,000 in "fees" for Govern- ment export licences which a Congressional Committee investigator said were forgeriós. Levey testified before the Senate Investigating and Small Business Sub-Committees, which are con- ducting hearings on the Commerce Depart- ment's and Administration's export controls. Lovey said he had paid the "lees" to John Quinn, identf- fier by the Committee as a New York
He exporter,
added that Quinn told him in 1047 that he Quinn) could obtain licences because he had "con- nections."
Witness said he
hart
himself haci
been granted only about 10 per rent of the licences for which he
applied. He also said Quinn referred to Mayor Frank Hague of
Jeracy City, New Jerney, and "a Senator from Jersey mentioning his connections.
-
NY Stock Market
New York. September 0. Gravity of the foreign situation welghel down on the stocic market on Wednesday. It sent prices one to three points or more lower.
darkened Keropera developmenta ankimin coming fronty continuect Fot operations reporta Seven American indus
y. Sales were 190,000 shares, Lower included UB Bree),
Jethielem
London Stock Exchange
the
con.
London, September 8. Judging by the markets' re- action to the Berlin develop- ments and French political situn tion, I becoming obvious that the London Stock Exchange has given up dealing in stacks and shares in favour of international events and incidents.
from The overnight now Hnant served to re-introduce strook hote of caution in today's stock mačkets Wirlespeed marking down occurred im mol sectiona which is the wal Dr
Trading reduire an auch verslun, down to a minimum,
The movemente recorded by Indosteals mainly at lower lewela but there Aircraft and to sell. matars generally were a few pence caster, likewise shipping, whilst mavehentu
wete
aanvald DU VEN
W
"You obtained 15 Ucences from the Committee Qubia" nsked counsel. Willam Rogers,
"That's right," replied Levey, General Motors, Chrysler, Narita
Fr Reilroad, Routhern Pacife, American | Aman rayon and textiles consisted of a pricing that he had paid Quinn about US$29,000 and the licences Woollen and American Melting, we fur shipments of lard and Qour.
ol
one
Could Ship Anything
Levey shipped 200,000 pounds
lard to Ecuador on Ficence. The Committee In vestigator, Max Dickey, said the licence originally was Isau
Dow June
CH.70. Stock AYUTAKONI
20 untrinis 12,99, 12 fujix 61.59, 10 illisles 3.20.
Closing quotafinting Adarna Express 24
Aviation
ed to another exporter to ship Aircrats 24. cotton goods.
Rogers sald
"" the
there
few bence only in elder direction.
Irans and steels, however, were unde furbed by the general tread and remained Sem, being 1/16 better where changed.
excl
Bouth African gold wirstna share ex+ perienced any profit-taking on a amali Kenle, but with lower levels encouraging support. the market
quietly Anaconda Irregular,
Couper shares were muter on continued absence of support, SECURITIES:
41
British Conwin, 25% ...... *A/AR Conversion Loan, alles, 1901
Punding Lean, 444, 1980/00
Alan Juneau 15. American Can 154.. American Smelting 56%, American Tele
154% American Tobacco K. oltr American Waterworka Copper 17, Aviation Corp. 7. Haldwinh Loremotive 15%. Burnadal 24%. Bendix 1.thehen Bevel 28%.
Burden B. 6156 "Ito the
4.i. Curc wha "nonsdian Pacific
Commercla1 were Chrysler 60, Colante 30%. 15 licences
Kolvents 23%, Corn Pemfuria 61. keport sald Rogers and Dickey
179, Kasimaa Kodak 43, retele 2.xht Commerce Department
& Power 21%. Sioncral Electric 49% showed eight others had been General Motors A Gleich 6
for other exporters
Goolymer 45%, Romestake Mining 2%.
2. Interna- | INDUSTRIALS: ditierest products. Rogers added, International Harvester
British Amerlens Tobacco fuf that there were 1:0 records on the tional Paper G, International Tel, à Tel.
Kennet 19. Johan Manville 3,
0.0. Ireland) other six,
Montgomery Ward 1%.
Imperial Chemical Indust, ned. ——Quinn,-called---10-testify when Cuper 284.
Natalia Diater-19 National-Imperial--Tobacco-1, (118-56.De Levey Anished, add he wanted 52%, New York Central 1. Packnych
10
records
War Tan, 164, 1052,
War Loot, MG CA Vietary anthe, 40% RAILWAY BHARKS:
British Transport, 3%
Aleciand TEA SHARER:
AMERICAN PRESIDENT LINES, LTD.
Passengers and Freight ----
REFRIGERATION—SPECIAL CARGO OIL TANIS—
CARGOCAIRE-SPECIE
TO MANILA
"Scott E. Land." "Marine Snapper"
Sept. 10
Sept. 17
TO SAN FRANCISCO
"President Cleveland" (via Manila)
Sept. 19
“General Gordon" (via Shanghai Yokohama)
Sept.19
TO SAN FRANCISCO AND. LOS ANGELES ́"President Tuft“ (via Japán)
Sept. 11
"President Pierce" (vla Japan),
Sent: 23
To NEW YORK, BALTIMORE and BUSTON via PANAMA
"President Tyler" (calls Pacific Coast) "President Grant" (calls Pacifio Coast).
Sept. 13
Oct.
ROUND-THE-WORLD
י'
VIA MANILA, BINGAPORE, COLOMBO, BOMBAY, KARACHI, BUEZ, ALEXANDRIA, MARSEILLES, GENOA, NAPLES,
NEW YORK AND BOSTON.
+
"Beott E. Land" (calls Bombay) "Marine Snapper" (calis Bombay) "Marine Flier" (calls Karachi)
General Agents: Northwest Airlines
'Lykes Bros. Steamship Co., Inc.
8t. George Bldg.
Sept. 10
Sept 17 Sept.
Tel. Nos. 2817% /28175
American Promeer Line
Arrivals from New York, Boston, Other Atlantic Ports via Panama
"PIONEER LAKE"
Sept. 14
Sept. 17
Oct. 10
Sept. 15
Sept. 18
Oct. 12
Sallings to New York, Boston, Philadelphia Baltimore & Other Atlantic Ports via
Panama Canal
-Special Cargo (1) Tanka-
104-15/10
1145 105-15/16 1044 x
114
"PIONEER COVE" "PIONEER SEA"
D9%
Sailings to Manila
6-7/18
44/0
*PIONEER LAKE" "PIONEER COVE" "PIONEER SEA"
..Hollo & Cebu
4-3/16
Anam Consolidated Tra
11/6
Anum Frontier Tra
Auch Te Company
23/0
18.
Docure Tom Company
33/3
Emp. of India & Ceylon Tea Co. 18/8
operial Tea Company
20/0
"RATTLER"
4/11
"PIONEER WAVE“
Crown Mines
4-1/10
Nindrdroom Mir
31/3
"PIONEER LAKE"
In Port Due Sept. 22 Due Sept. 20
Salis Sept. 10 Salls Sept. 23
Salls Sept. 30
Hand Minea
046
4-1/10
For Full Particulars Call
4
Va
28/0
Royal Dutch Co.
214
Shell Transport & Trading Co.
1-27/12
SHIPPING:
to make a statement in a closed | Motors 51%. Pan-American Airways #5. request was granted. Pranylvania Itt 10%, Radio Corn. 12. His -Levey told the Committer ex-Republic Steel Herolds Trac port controls were so ineffective 17, Sebening 20, Seats Roebuck 2.
Benty Verum that an exporter could ship any oil
the United ling it ik
States thorn Pacte 4%. Standard Bramle without the Government know-andard li of Call. 64, Standard ing what the shipment contained. Dickey sal 11 had heen found, during an investigation of the controls programme, that:
No Checks
for
1. An exporter blucklisted by
Commerce Department improper eperations could con- tinue to get licences merely by having his wife rpply for them.
No steps were taken by the Department to prevent anyone from adding items to Ficence
it had been up-
Ricer
proved and validated.
MR 31 Uhion Carbido 4%, 06 Rub- ber 4, UK Steel 105. tis Lines th Westinghouse 297%, Youngstown Wheel á
52, n. Pub, Ut Arcisted pe
of NJ. 17%. Studebaker 24 Uni
Tuke
13.-
Preferences For US
Geneva, September 9. The contracting states to the
3. Customs officials have no 1947 Geneva tariff agreement)
way of checkinɔt.
licence when today authorised the United
it is presented with an export States to grant trading prefer- declaration, to
determine whe-
ther the licence was intended by the Commerce Department to eaver the goods listed.'
more
4. Licences cften have value than the geods they cover
United Press
CHICAGO GRAINS
Money Market Whent
MINE BHAREN:
Hurma Corp.
Buring Mizen Sub Nigel They Tin Co. Union Corporation
OIL SHADES:
1.40 Steam Navla. Co., grd. /3 GILTRAGED:
Funding Loan, 85%.......... 20854 National War onde, 23:
19/9/61
101-1/32
1982/54 7954/88
--1961/2
142 10246 102-8/14
132-10/10
1550/70
101%
1545/76
101
Exchequer Donde, 12%
1950, 2005 Redempitan Stack, 3%, 1980/90' DA'À FOREIGN BONDS:
715
Queen's Building,
28
ences to the exparts of Ameri- Bavings Bonde, 57
1785,8 can
trust territories in the
Pacific.
The United States had request- authority to grant special re-
ductions on copra imported from
German Loan (Dawes) 70% the Marians, Marshall and Caro, Japanese 651, 1997/47 Hac islands formerly held by | Japanese 450, 1921/09
1 Japan. The request raised a matter | Jan. H. Manchurian Kly., 5%. 1929
of principle among the contract- BANKS:
Sterling Bands
11-18/14
UNITED STATES LINES
General Agents
Tel. 31251 (3 lines)
KLAVENESS LINE
SAILINGS
Direct to LOS ANGELES, SAN FRANCISCO VANCOUVER, SEATTLE & PORTLAND
12
..... 1555
Rmster.
m.8. "CASTLEVILLE”
m.s. "FRANCISVILLE”
ing states as both the Geneva Chartered Bank of 1.A.0. agreement and the Havana Hong Kong & Shanghal Bank 1214 Trade
the Charter aimed at
Mercantile Bank of India "A" 211⁄4 Chicago, September 9.
CHINEBA EXTERNAL LOANS Cash corn jumped eight to 10 elimination of all trading pre-
Tientaln-Pukow Hallway. 52. 11% ferences.
The United States delegate, Loan, G, Lon. Fesue, 1918 20 cents on the Board of Trade on
Lung Thing-U-Hai Rhys, 55%, 2015 11 Wednesday. This tended to help Leroy D. Steinbower, explained strengthen Suptember futures contracts but new crop months ed Japanese trading proferences Honan Hallway. 8%. 1905 19
that the islands formerly enjoy- Crisp Loan, 8, 1917. 17
Jukung Hallways, 5%, 1011 14
declined.
on their exports and had been Shanghai Nanking Slys, & -14 higher, left in serious economic difficul- Kowloon Canton Railways, 5% closed
Согл September $2.22%;
WES
ties by the elimination of the to one cent higher,
Japanese market. The contract- Cold-maintained its steady tone 1 lower
$1.68-$1.084;
Ameri. Oate ing states approved the yesterday. After
at September opening
were lower to higher, Sep- can request 16-2, thus exceeding $297,50 o inei it went up to
un the two thirds majority.-A390- $299.58. It fell unck to $298 21tember 72-72%; Rye was
changed to 16 lower, December ciated Press. the tin interval but went up $1.54; Soybeans were 4-34 high- agam to $208 in the afternoon. November $2.49% Associated At the Lost 17 HTC $295.75.
dollars were also higher nt $5.1812.
Gold Yunn
singularly strong yesterday and was quoted
LS
at $1.20.
Was
Piastres opened at $11.10 and closed at $11.42 a 100.
Ticals were stronger at $25.30 in 100, and so were NEI Guilders
at $30.00 a 100.
Sterling was quiet nt $14.12, while Australlon pounds made a further climb to $1270,
Press.
NY RUBBER
NY COTTON
New York, September 9, Cotton futures turned steady
SILVER AND
| GOLD MARKETS
London: Silver, Spot, fine ounce on Wednesday. Light mill buy-40d, Forward 408, Bar, Gold, per ing and short covering met only
Ahe ounce 172/. limited offerings.
Futures closed five to 33 cents
New York: Silver, Bor, (asked
New York, September 9. Crudo rubber futures closed a bate higher than the previous price) 75 cts. Bar, Gold, per
ine ounce (official) $35. ave to 30 lower with sales of 75 close.
Bombay: Silver, Ready, por 100 contracts..
October 30.04; December 30.70; September 20,85 bil, December March
July tolas 172 Rupees, 13 Annas; For- 30.08; May 30.32;
ward 172, 01; Marwari (unom- 20.80-90, March 20.85. May 20.80. 29.16; October 20.01; Middling wa Spot No. 1. ribbed smoked sheets) spot 31.89 nominalAssociated cial) 167, 14. Gold: delivered, 22% Associated Press,
Press,
Pacific Far East Line Inc.
Fast Regular Trans-Pacific Service
OVERLAND
NEW YORK.CHICAGO-DETROIT-TORONTO, MONTREAL AND ALL AMERICAN & CANADIAN, OFFICE.
(Accepts no cargo homebound)
DIRECT
SAILS FOR
SAN FRANCISCO LOS ANGELES
Shanghai, Taku Bar, Inchon, Fusan Yokohama. Sépt. 16.
VESSEL
Artivos
#roz
||1.3. "FLEETWOOD"
Sept. 11
San Francisco
due Sept: 19,
Shanghal, Inction, Fusan, Nagoya, Yokohama Sept. 28.
15. “SEA SERPENT"
Sept: 19
*#SWARTHMORE
VICTORY
Sept. 24
14. "NAVAJO, VICTORY”
REFRIGERATION
San Francisco
Oct. 4 San Francisco
DRY CARGO
LEONARDO" "SIR JOHN New York vla
FRANKLIN”
Manila duo Sept. 27:
A. P. PATTISON & CO. SINERAL AGENTS, CHINA, FORMOSA “à: HONGKONG
"CHARTERED BANK BUILDING. TEL; #8116.
CHINESE BHIPPING OFFICE:
20 Connaught: Road,"0. Tel. (84639.
San Francisco (Accepts, no cargo homebound)
Balle
For
Sept. 12 Ban Francisco via
~~Yokohamfa' Sept 20 San Francisco
Ban Francisco.
vis-Kobe:
Rept.: 25
Oct. 5 San Francisco'
CARGO OIL TANKS
For ful particulars call General Agents. UNITED STATES' LINEB CO., Quéon's Bldg, Tel. 21261
per fola 1141; Forward (unom- cial) no trading; Sovereign 763. (One tola is equal to th of an ounce.)
Crx
Buenos Aires Sovereign, buy- UIS. 123.00, sellers 125.00. Eagles, 200.00b, 210.00 Gold, Bar, per gramme. 13.30b, 14.20s. Bangkok: Gold, .Bar, - bahf- weight of 15.244 grammes un- quoted. Exchange Rate (Selling) Bangkok on New York T.T. 10.25, London 61.40, Hong Kong 3.80.
Paris Free Gold Prices: Napo- loon 5,250 trs, French 10 franc 1975. Swiss franc coins 2,400, Union Latine 4,850,
Sovereign 6,200, Half Sovereign 2,790, dollar 20 coln 24,500, U.3. dollar 10 coin 11,750, Sovereign (in froe U.S. $ per ounce) $85.2, Napoleon (in free U.S. per ounce) $91,0, U.S. dollar notes (in black- market) 17/420.
U.S.
Pari Free Market: Patex-In- gola: Tino, Gold ingats, with sde- livery of counterpart per gramma 1234/344-traj Without counterpart 660/005. Gilver Ingots," per kettő 5,700b, 0,600. Platinum Ingots, per ;' kiló **700,0001, 885,000₫ ----
8th OCT. 6th. NOV.
ARRIVALS FROM PACIFIC COAST
m.s. "FRANCISVILLE" ..........
23rd SEPT. BAILING FOR SINGAPORE PORT SWETTENHAM,
PENANG & BATAVIA-TTO
----~24th-BEPT-- PASSENGER ACCOMMODATION. BULK OIL TANKSA ·
Chinese Freight Agents.
HOO FOOK PING
THE BANK LINE (China) Ltd.
Apply:
THE BANK LINE (CHINA) LTD.
King's Building. Tel, STTEE
BEN LINE STEAMERS LTD.
BHOP
8.8. “BENVORLICHT" 5.8. "BENLAWERS” B.B. “DENCRUACHAN” 6.8. "EKNMAUDHUI”
"
SHIP
8.8, "DENLAWERS" "
8.8; "BENYORLICH”
ARRIVALS
FROM
U.K.
Discharging.K/Wharf.
U.K.
U.K.
SAILINGS
TO
(Aden, Port Said, (London, Antwerp, (Rotterdam,
8.8. "DENCÉUACHAN" (Hamburg.
14th Sept,
Early Oct
Late Oct.
READY
Mia Sept.
First-Half. Oct.
Early. Nov.
S.S.. “BENVORLICH"'" 'Kobe (Japan) 10th Sept.
S.S. “BENCRUACHAN”^A
Early Oct.
* For Further Partsculars,, Apply To W. R. LOXLEY & CO. (CHINA), LTD.
„Agents
Tærk Building::